IIJ Announces Partial Amendments to FY2012 Consolidated Financial Results

IIJ Announces Partial Amendments to FY2012 Consolidated Financial Results

TOKYO, May 31, 2013 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. ("IIJ")
(Nasdaq:IIJI) (TSE1:3774) today announced that it has amended part of the
consolidated financial results for the fiscal year ended March 31, 2013
("FY2012"), which was announced on May 15, 2013. The amendments are to correct
some of the described figures. The figures underlined and in bold in the
following pages are amended.

Amendment Number 1:

Page 6 of the press release titled "IIJ Announces Full Year and Fourth Quarter
Financial Results for the Fiscal Year Ended March 31, 2013."

[Before amendment]
Cash Flows
(Omitted)
Net cash provided by operating activities for FY2012 was JPY9,753 million
compared to net cash provided by operating activities of JPY11,659 million for
FY2011. While operating income increased compared to FY2011, there was an
increase in accounts receivable as well as in payments for income taxes.


[After amendment]
Cash Flows
(Omitted)
Net cash provided by operating activities for FY2012 was JPY9,639 million
compared to net cash provided by operating activities of JPY11,659 million for
FY2011. While operating income increased compared to FY2011, there was an
increase in accounts receivable as well as in payments for income taxes.

Amendment Number 2:

Page 14 of the press release titled "IIJ Announces Full Year and Fourth
Quarter Financial Results for the Fiscal Year Ended March 31, 2013."

Consolidated Statements of Cash Flows (Unaudited)

(For the fiscal year ended March 31, 2012 and March 31, 2013)

[Before amendment]                                  
                                  Fiscal Year Ended Fiscal Year Ended
                                  March 31, 2012    March 31, 2013
                                  Thousands of      Thousands of Thousands of
                                  JPY               U.S. Dollars JPY
OPERATING ACTIVITIES:                                           
                                                               
Foreign exchange losses, net       14,202           614         57,829
                                                               
Net cash provided by operating     11,659,338       103,575     9,752,580
activities
                                                               
[After amendment]                                   
                                  Fiscal Year Ended Fiscal Year Ended
                                  March 31, 2012    March 31, 2013
                                  Thousands of      Thousands of Thousands of
                                  JPY               U.S. Dollars JPY
OPERATING ACTIVITIES:                                           
                                                               
Foreign exchange losses (gains),   14,202           (595)       (55,983)
net
                                                               
Net cash provided by operating     11,659,338       102,366     9,638,768
activities

Amendment Number 3:

Page 15 of the press release titled "IIJ Announces Full Year and Fourth
Quarter Financial Results for the Fiscal Year Ended March 31, 2013."

Consolidated Statements of Cash Flows (Unaudited)

(For the fiscal year ended March 31, 2012 and March 31, 2013)

[Before amendment]                                  
                                  Fiscal Year Ended Fiscal Year Ended
                                  March 31, 2012    March 31, 2013
                                  Thousands of      Thousands of Thousands of
                                  JPY               U.S. Dollars JPY
                                                               
EFFECT OF EXCHANGE RATE CHANGES ON (18,142)         (944)       (88,867)
CASH AND CASH EQUIVALENTS
                                                               
CASH AND CASH EQUIVALENTS, END OF  13,536,824       130,192     12,258,872
YEAR
                                                               
[After amendment]                                   
                                  Fiscal Year Ended Fiscal Year Ended
                                  March 31, 2012    March 31, 2013
                                  Thousands of      Thousands of Thousands of
                                  JPY               U.S. Dollars JPY
                                                               
EFFECT OF EXCHANGE RATE CHANGES ON (18,142)         265         24,945
CASH AND CASH EQUIVALENTS
                                                               
CASH AND CASH EQUIVALENTS, END OF  13,536,824       130,192     12,258,872
YEAR

Amendment Number 4:

Page 20 of the press release titled "IIJ Announces Full Year and Fourth
Quarter Financial Results for the Fiscal Year Ended March 31, 2013."

Quarterly Consolidated Statements of Cash Flows (Unaudited)

(Three Months ended March 31, 2012 and March 31, 2013)

[Before amendment]                                  
                                 Three Months Ended Three Months Ended
                                 March 31, 2012     March 31, 2013
                                 Thousands of       Thousands of Thousands of
                                 JPY                U.S. Dollars JPY
OPERATING ACTIVITIES:                                           
                                                               
Foreign exchange losses (gains)   (17,886)          798         75,113
                                                               
Net cash provided by operating    5,079,371         41,130      3,872,783
activities
                                                               
[After amendment]                                   
                                 Three Months Ended Three Months Ended
                                 March 31, 2012     March 31, 2013
                                 Thousands of       Thousands of Thousands of
                                 JPY                U.S. Dollars JPY
OPERATING ACTIVITIES:                                           
                                                               
Foreign exchange gains, net       (17,886)          (412)       (38,699)
                                                               
Net cash provided by operating    5,079,371         39,921      3,758,971
activities

Amendment Number 5:

Page 21 of the press release titled "IIJ Announces Full Year and Fourth
Quarter Financial Results for the Fiscal Year Ended March 31, 2013."

Quarterly Consolidated Statements of Cash Flows (Unaudited)

(Three Months ended March 31, 2012 and March 31, 2013)

[Before amendment]                                  
                                 Three Months Ended Three Months Ended
                                 March 31, 2012     March 31, 2013
                                 Thousands of       Thousands of Thousands of
                                 JPY                U.S. Dollars JPY
                                                               
EFFECT OF EXCHANGE RATE CHANGES   16,172            (869)       (81,840)
ON CASH AND CASH EQUIVALENTS
                                                               
CASH AND CASH EQUIVALENTS, END OF 13,536,824        130,192     12,258,872
THE PERIOD
                                                               
[After amendment]                                   
                                 Three Months Ended Three Months Ended
                                 March 31, 2012     March 31, 2013
                                 Thousands of       Thousands of Thousands of
                                 JPY                U.S. Dollars JPY
                                                               
EFFECT OF EXCHANGE RATE CHANGES   16,172            340         31,972
ON CASH AND CASH EQUIVALENTS
                                                               
CASH AND CASH EQUIVALENTS, END OF 13,536,824        130,192     12,258,872
THE PERIOD

Amendment Number 6:

Page 23 of the press release titled "IIJ Announces Full Year and Fourth
Quarter Financial Results for the Fiscal Year Ended March 31, 2013." The
section under "Consolidated Financial Results for the Fiscal Year Ended March
31, 2013 [Under accounting principles generally accepted in the United States
("U.S. GAAP")]."

[Before amendment]                                         
(3) Consolidated Cash                                      
Flow
                                                              Cash and Cash
                      Operating    Investing    Financing    Equivalents (End
                       Activities   Activities   Activities   of the
                                                              Period)
                      JPY millions JPY millions JPY millions JPY millions
Fiscal year ended      9,753       (5,946)     (4,996)     12,259
March 31, 2013
Fiscal year ended      11,659      (5,954)     (5,464)     13,537
March 31, 2012
                                                          
[After amendment]                                          
(3) Consolidated Cash                                      
Flow
                                                              Cash and Cash
                      Operating    Investing    Financing    Equivalents (End
                       Activities   Activities   Activities   of the
                                                              Period)
                      JPY millions JPY millions JPY millions JPY millions
Fiscal year ended      9,639       (5,946)     (4,996)     12,259
March 31, 2013
Fiscal year ended      11,659      (5,954)     (5,464)     13,537
March 31, 2012

Amendment Number 7:

In relation to the amendments, the presentation material for the consolidated
financial results for the fiscal year ended March 31, 2013, is also corrected.

Page 16: "Consolidated Cash Flow."

[Before amendment]
Operating Activities
FY12:9,753
4Q12:3,873

[After amendment]
Operating Activities
FY12:9,639
4Q12:3,759

About IIJ

Founded in 1992, Internet Initiative Japan Inc. is one of Japan's leading
Internet-access and comprehensive network solutions providers. IIJ and its
group companies provide total network solutions that mainly cater to high-end
corporate customers. The company's services include high-quality systems
integration and security services, Internet access, and cloud computing.
Moreover, the company has built one of the largest Internet backbone networks
in Japan that is connected to the United States and the United Kingdom. IIJ
listed on NASDAQ in 1999 and on the First Section of the Tokyo Stock Exchange
in 2006. For more information about IIJ, visit the IIJ Web site at
http://www.iij.ad.jp/en/.

The statements within this release contain forward-looking statements about
our future plans that involve risk and uncertainty. These statements may
differ materially from actual future events or results. Readers are referred
to the documents furnished by Internet Initiative Japan Inc. with the SEC,
specifically the most recent reports on Forms 20-F and 6-K, which identify
important risk factors that could cause actual results to differ from those
contained in the forward-looking statements.

CONTACT: For inquiries, contact:
         IIJ Investor Relations
         Tel: +81-3-5259-6500
         E-mail: ir@iij.ad.jp
         URL: http://www.iij.ad.jp/en/ir

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